Bitcoin at critical support

The Weekly Update - Week 28

Highlights from this week’s report

Market Update

• Bitcoin is now trading in the low-end of its two-month consolidation range, with the spot volumes still trending downwards.

• July seems to become the third consecutive month of negative returns in crypto, and altcoins, in particular, are suffering.

• The 7-day volatility has declined further this week. The 7-da…